Banks
Focus banks
HSBC
HSBC updated its Thermal Coal and Energy policies, introducing new loopholes that serve to lower ambitions.
ING
February saw a Valentine's themed Day of Action against ING. On March 28th, Miliuedefensie delivers the bank a court summons.
Raiffeisen Bank International
In March, our investigation showed a Russian Raiffeisen subsidiary continues to invest in sanctioned Russian entities. The bank's AGM is on Wednesday. See raiffeisen-out.org for details and actions.
Wells Fargo
At the end of February, Wells Fargo became the first major US bank to announce it will abandon its commitment to achieve net-zero financed emissions by 2050.
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